Analysts’ Opinions Are Mixed on These Communication Services Stocks: Bumble (BMBL) and Netflix (NFLX)
Analysts have been eager to weigh in on the Communication Services sector with new ratings on Bumble (BMBL – Research Report) and Netflix (NFLX – Research Report).
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Bumble (BMBL)
In a report released yesterday, Cory Carpenter from J.P. Morgan upgraded Bumble to Hold. The company’s shares closed last Wednesday at $2.84.
According to TipRanks.com, Carpenter has 0 stars on 0-5 stars ranking scale with an average return of
Currently, the analyst consensus on Bumble is a Hold with an average price target of $4.26, which is a 49.5% upside from current levels. In a report released today, TD Cowen also maintained a Hold rating on the stock with a $5.00 price target.
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Netflix (NFLX)
In a report released yesterday, Jessica Reif Ehrlich from Bank of America Securities reiterated a Buy rating on Netflix, with a price target of $125.00. The company’s shares closed last Wednesday at $94.89.
According to TipRanks.com, Ehrlich is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Netflix with a $114.51 average price target, representing a 17.6% upside. In a report issued on February 27, Arete Research also upgraded the stock to Buy.
